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Use the Information Below to Answer the Following Question

Question 105

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Use the information below to answer the following question.
Fact 28.2.1 High Food and Energy Prices Here to Stay
On top of rising energy prices, a severe drought, bad harvests, and a poor monsoon season in Asia have sent grain prices soaring. Globally, this is the third major food price shock in five years.
Source: The Telegraph, August 29, 2012
-Consider Fact 28.2.1. The news clip is describing ________ inflation.


A) cost-push
B) cost-pull
C) demand-pull
D) demand-push
E) expected

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